Financial PerformanceAnalyst's recommendation reiterates a 'Buy' with a potential for significant upside, backed by strong cash flow projections and a robust M&A pipeline.
Market OutlookUnderlying boat demand is still intact with a return to pre-pandemic discounting and an improved demand for larger/premium boats.
Strategic InitiativesThe focus on higher-end buyer demographics and diversification into more recurring, counter-cyclical revenue streams positions the company well for long-term growth and margin stability.